Forum Discussion
RoyJ
Jul 12, 2020Explorer
ShinerBock wrote:
You are right about one thing here. Many don't "feel" that is cost effective but they don't actually know. I did the numbers myself calculating initial cost, finance charges, tax, registration, fuel cost, DEF, maintenance, trade in value at 100k and so on of my 2014 CTD versus a 6.4L Hemi of my year. I came out ahead with the diesel by about $700. This was just calculating unloaded mileage for each truck. This won't be the same for most because fuel cost and resale values differ from one region to the next.
However, I would wager that if everyone actually did the math, the total cost on the diesel for most (not all) would be within $2,000 +/- of the gas version at the end of the 5 year 100k mile warranty that currently comes with all of the diesels. Most gassers values start to tank after this. That is really not a lot of money over the 5 year period. I spent more upgrading my F150 to a 4wd with an Ecoboost engine over the base 2wd 3.7L back in 2012 and both of those things cost me more overtime because it got worse fuel mileage than the base 2wd 3.7L unlike my diesel that gets around 3 mpg better than the gas version(when it was stock).
Remember not everyone buys new - that huge depreciation of a gasser now works FOR you, not against you, when buying used.
I can find many pristine low mileage 6.4 / 5.7 trucks, 10 years old, for less than 1/2 of a Cummins truck. I have 5 vehicles, meaning my 1 ton gets 1000 - 2000 kms a year. I've owned everything from old Detroit Diesels to 8.3 ISCs, and for my use, diesels always cost more, not to mention wasteful to let such a heavy duty engine sit.
If you're buying a brand new top of the line pickup, putting on 10k+ miles on each year, then it'll be foolish to get a gas.
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